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External reserves hits $46bn, highest in nearly eght years

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Tag: Donald Trump

US senator questions Intel CEO’s China ties over security concerns
Tech

Trump demands immediate resignation of Intel CEO

United States President, Donald Trump, has called for the immediate resignation of the Intel CEO. In a Truth Social post on Thursday, Trump accused Intel Chief Executive Lip-Bu Tan of being “highly CONFLICTED,” adding that “there is no other solution to this problem.” Intel shares dropped 5% in premarket trading following the statement. Intel did […]

Nigeria excluded as Trump hosts African leaders in Washington
Business

Trump hits India with 25% tariff over trade, Russian ties

United States President, Donald Trump, announced Wednesday that India will face a 25% tariff starting August 1, along with an additional “penalty” in response to what he described as unfair trade practices and India’s continued purchases of military equipment and energy from Russia. The 25% rate marks a slight reduction from the 26% tariff he […]

Trump to unveil AI expansion plan amid US-China tech race
News

Trump to unveil AI expansion plan amid US-China tech race

The Trump administration is poised to unveil a sweeping new artificial intelligence policy on Wednesday, signaling a dramatic shift toward deregulation and global expansion of United States AI technologies as competition with China intensifies. The plan calls for exporting American AI systems abroad, weakening state-level regulations that hinder AI growth, and boosting energy access for […]

US considers equity stakes in chipmakers under CHIPS act
News

Trump signs $550bn trade deal with Japan

United States President Donald Trump has announced what he describes as a landmark trade agreement between the United States and Japan, valued at $550 billion. In a social media post, Trump declared the deal as “perhaps the largest ever made,” claiming it will channel massive Japanese investment into the U.S. economy. According to him, the […]

Trump to spend $1bn on offensive cyber operations
Uncategorized

Trump to spend $1bn on offensive cyber operations

The Trump administration is set to allocate $1 billion over the next four years for what it describes as “offensive cyber operations,” according to a provision tucked inside the administration’s sweeping new legislation, dubbed the One Big Beautiful Bill. The funds, to be directed through the Department of Defense, are aimed at boosting the capabilities […]

News

Trump Media launches Truth+ streaming platform globally

Trump Media & Technology Group on Monday launched its TV streaming service, Truth+, to a global audience, marking a major step in its international expansion efforts. The new platform will feature conservative cable channel Newsmax, which went public in March, enabling the news outlet to grow its reach beyond the United States. According to the […]

TikTok deal talks with China to begin next week - Trump
News

TikTok deal talks with China to begin next week – Trump

United States President Donald Trump said on Friday that discussions with China over a potential deal involving the popular short-video app TikTok will begin early next week. Speaking to reporters aboard Air Force One, Trump said the United States “pretty much” has a deal in place regarding the sale of TikTok’s U.S. operations, and expects […]

Trump to spend $1bn on offensive cyber operations
Uncategorized

Canada backs down on digital tax ahead of US trade talks

Canada has backed down from implementing its digital services tax, citing hopes for a mutually beneficial trade deal with the United States, Ottawa announced Sunday night—just one day before the tax was set to take effect. The reversal came after U.S. President Donald Trump declared he would “terminate ALL discussions on Trade with Canada” in […]

Trump signs executive order establishing US Bitcoin reserve
News

US supreme court limits injunction authority in citizenship challenge

The Supreme Court on Friday narrowed the power of federal judges to issue nationwide injunctions, a tool that has frequently blocked major policies from both Republican and Democratic administrations. The 6-3 decision arose from a legal challenge to President Trump’s attempt to end birthright citizenship. Writing for the majority, Justice Amy Coney Barrett said such […]

Bezos courts Trump, seeks edge over Musk in space race
News

Bezos courts Trump, seeks edge over Musk in space race

Jeff Bezos, founder of space exploration company Blue Origin, has held at least two conversations with U.S. President Donald Trump in recent weeks, as he moves to position his firm for a greater share of lucrative government space contracts, according to a report published Wednesday by The Wall Street Journal. The outreach comes at a […]

US considers equity stakes in chipmakers under CHIPS act
News

Trump mulls visa ban on Nigeria, 35 other countries

The administration of U.S. President Donald Trump is reportedly preparing to impose visa restrictions or entry bans on Nigeria and 35 other countries, primarily in Africa, according to a memo obtained by The Washington Post. The internal document, signed by Secretary of State Marco Rubio on Saturday, outlines a proposal that could affect countries deemed […]

TikTok deal talks with China to begin next week - Trump
News

Donald Trump earns $600m from crypto, others in 2024

United States President Donald Trump reported more than $600 million in income for 2024, driven by cryptocurrency ventures, golf resorts, licensing deals, and real estate, according to a financial disclosure released Friday. A Reuters analysis estimates Trump’s assets at a minimum of $1.6 billion. The filing shows major income from his growing crypto interests, including […]

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